it’s Friday.


TOP BUZZ OF THE DAY


CREDIT SUISSE: 2016 will be a ‘watershed in global economic history’ — these are our top 10 trades

credit-suisse-2016-will-be-a-watershed-in-global-economic-history--these-are-our-top-10-trades

 

Macy’s shoppers developed a habit during the recession — and it’s haunting the brand to this day

ap_288854194042macys

 

10 countries hoarding enormous mountains of gold

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MARKET BUZZ


Where did the market close yesterday?

Business and finance news from Guardian US | The Guardian

Summary update

Stocks remained lower in the early afternoon Thursday after a greater-than-expected increase in crude supplies pushed oil prices lower.  The S&P 500 was down 0.92%, the Dow Jones Industrial Average fell 1.1%, and the Nasdaq slid 0.65%. Crude stocks in the U.S. climbed at a rate of 4.2 million barrels over the week ended Nov. 6, according to a recent check by the Department of Energy. Analysts had expected inventories to rise by 2.9 million barrels. Prices have been under pressure for a year as weakening global demand exacerbates continued oversupply. West Texas Intermediate crude dropped 2.4% to $41.90 a barrel on Thursday.  A series of speeches from Federal Reserve members highlighted a more hawkish tone on monetary policy. St. Louis Fed President James Bullard, for example, argued for a rate hike during one of the many Fed speeches scheduled throughout the day.

What economic numbers come out today?

2015 Economic Calendar

PPI-FD
[Report][Star]
8:30 AM ET
Retail Sales
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What are the headlines today?

WSJ

 7-Eleven Expands Locker Space, Hoping to Cash In on E-Commerce Wave

New York Times

Several Fed Officials Say They Are Ready to Raise Rates

Bloomberg Business

 Six Strange Things That Have Been Happening in Financial Markets

The Guardian

Global oil glut highest in a decade as inventories soar

Reuters

Fed officials lay case for December liftoff

 


BIZ SCHOOL


 Financial Dictionary | Investopedia 

 


 MORE FUN BIZ


Entrepreneurial Buzz:

blackstone-working-on-higher-gates-offer-sources

The richest man in private equity has one piece of advice for entrepreneurs, and it’s not what you would expect

 


 Career Buzz:

3 Signs You Need to Pivot

 


Tech Buzz:

wish

Amazon and Alibaba have both approached 5-year-old startup Wish, but the CEO seems to want more than $10 billion


Fashion Biz Buzz:

4706m&s

 


Wow Women:

1200x-1goldman

Goldman Sachs Women Gain Ground in New Managing Director Class

 


Biz Travel:

 20150124_blp510

Women-friendly hotels   Plenty more space in the closet


Buzzing off for today.

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